In February 2024, Finance Minister Nirmala Sitharaman will make history by presenting her seventh consecutive Union Budget. She surpasses Morarji Desai's record of six budgets in a row from six decades ago. Since July 2019, she has already presented six budgets, setting a new milestone in Indian finance.

"It was 3pm, and the whole staff was on lunch. Irony, on one side #SBI says we don't have any lunch break and the whole staff was on lunch collectively. Dear @TheOfficialSBI, even the world can get changed completely but your services can't," Lalit Solanki, who is a chartered accountant by profession, said. Lalit Solanki a resident of Rajasthan's Pali slammed the State Bank of India in an angry post on X as he claimed that the entire staff of the branch was on "lunch collectively" at 3pm during his visit. However, as Lalit Solanki's post went viral, State Bank of India responded to him on X but also issued a warning at the same time. This was because Lalit had posted a picture from the bank's premises that the State Bank of India asked him to delete immediately.

Reduce tax burden by claiming deductions under the Income Tax Act. Deduct interest on housing loans up to Rs 2 lakh for self-occupied properties, except under the new tax regime. Chapter VI-A offers deductions like 80C, 80CCC, and 80CCD(1), limited to Rs 1,50,000. Certain deductions, like 80D, remain applicable under the new regime.

Canara Bank shares experienced a surge in buying activity today, coinciding with the stock trading ex-split. The board of directors set a record date for the 1:5 ratio on 15th May 2024. The post-adjustment opening price reached ₹116.25 per share, reaching an intraday high of ₹118.90 per share. Experts predict a further surge in Canara Bank shares in the post-stock split period.

Pakistan PM Shehbaz Sharif approves a 24 billion rupees grant for Pakistan-ruled Kashmir amidst violent protests over inflation. A police official was killed, and over 90 people were injured. Demonstrators demand subsidies on electricity and wheat prices. IMF mission visits as inflation slows to 17.3% in April.

Bandhan Bank and Canara Bank responded to viral videos showing officers pressuring employees for missing targets. A Bandhan Bank officer questioned an employee's performance, while a Canara Bank officer emphasized work over personal time, warning against non-compliance. Both banks acknowledged the incidents and their seriousness.

Saving is crucial for financial stability, providing security and funding for future goals. Fixed Deposits (FDs) offer steady growth with fixed rates, ideal for capital preservation. Recurring Deposits (RDs) foster disciplined saving with regular contributions. The choice depends on goals, risk tolerance, and liquidity requirements.

The ED recovered Rs 20-30 crore unaccounted cash linked to a domestic help associated with the secretary of Jharkhand Minister Alamgir Alam. In a separate incident, over Rs 34 crore was seized in a corruption probe revealing extensive government corruption, notably involving a former official from the rural department.

Titan shares have outperformed the Sensex equity benchmark, with a 29% gain in the last year. The share price reached a 52-week high of ₹3,885 on January 30, and a 52-week low of ₹2,666.55 on May 5, last year. As of May 3, the Titan share price is down by 4% for the current calendar year.

Bajaj Finance's stock surged by 7.5% to ₹7,400/share as RBI removed restrictions on its digital lending products within 6 months. Brokerages view this early resolution positively, expecting increased investor confidence.